Ripple Price Analysis : XRP Bulls Eyeing Fresh Increase

With the beginning of the week, most of the coins are enjoying the green day. While bitcoin is struggling to break the $11k resistance, major altcoins are showing massive growth.

At present, Ripple is the are the leading cryptocurrency in terms of gains. Among the Top 10’s market followed by ethereum with 6% gains.

Past week, XRP price showcased a massive decline trading below the $0.2500 support level. But, the coin gained the momentum back and has made a comeback in the past 24 hours trading towards the $0.2400 level with the upside correction. Ripple price climbed above the $0.2850 and $0.2900 resistance levels to move into a positive zone.

According to coinmarketcap, at press time, the Ripple price has increased by 7.51% against the USD, trading at $0.286076. In term of XRP/BTC, the price surged up to 5.42% trading at 0.00002754 BTC.

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.